Bharatiya Innovation Private Limited
About Bharatiya Innovation Private Limited
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Bharatiya Innovation Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 28 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2010PTC209560. Its GSTIN is 27AAECB3130F1Z6 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pradeep Tukaram Shinde and Abhijit Ramesh Panse.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 22 Sanskrutiprasad Chs Opp Shivaprasad Hotel Ram Maruti Road, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2021, the company reported a revenue of ₹25,970. For the same year it recorded a net loss of ₹7,029 (net margin -27.1%) and EBITDA of -₹2,380 (EBITDA margin -9.2%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 50% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bharatiya Innovation Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address22 Sanskrutiprasad Chs Opp Shivaprasad Hotel Ram Maruti Road, Thane, Maharashtra, India – 400602
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Bharatiya Innovation Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Bharatiya Innovation Private Limited
FY 2021 filings availableBharatiya Innovation Private Limited reported revenue of ₹25,970 for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years. EBITDA rose 84% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹2,380 | ||||
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| Net Profit (PAT) | -₹7,029 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | -27.1% | ||||
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To see the full financial statements and ratios of Bharatiya Innovation Private Limited, buy the company report.
Board of directors of Bharatiya Innovation Private Limited
Bharatiya Innovation has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Tukaram Shinde Also directs: The Artbeat Innovations Private Limited | Director | 25 Sep 2019 | 7 Years 1 Months | Current |
| Abhijit Ramesh Panse | Director | 28 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Bharatiya Innovation Private Limited is audited by Salunke Jayawant & Phadke for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Salunke Jayawant & Phadke | FY 2017 | 122234W |
Shareholding
The shareholding of Bharatiya Innovation Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bharatiya Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bharatiya Innovation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bharatiya Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bharatiya Innovation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB3130F1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharatiya Innovation Private Limited, buy the company report.
Recent activity
Bharatiya Innovation Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Pradeep Tukaram Shinde was appointed as Director on 25 Sep 2019.
Frequently asked questions
Bharatiya Innovation is an active private limited company based in Thane, Maharashtra, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 28 October 2010 (16+ years old) and is registered under CIN U74120MH2010PTC209560.
Bharatiya Innovation has 2 current directors:
- Pradeep Tukaram Shinde - Director
- Abhijit Ramesh Panse - Director
The latest financial statements of Bharatiya Innovation on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Bharatiya Innovation is 27AAECB3130F1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bharatiya Innovation is U74120MH2010PTC209560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharatiya Innovation was incorporated on 28 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Pradeep Tukaram Shinde was appointed as Director on 25 Sep 2019. Pramod Ratan Patil ceased to be Director on 25 Sep 2019. Unmesh Arun Joshi ceased to be Director on 20 Apr 2018. Bharatiya Innovation has 5 board changes on record in total.
The registered office of Bharatiya Innovation is at 22 Sanskrutiprasad Chs Opp Shivaprasad Hotel Ram Maruti Road, Thane, Maharashtra, India – 400602.
Bharatiya Innovation operates in the musical instruments industry, in the jewellery segment.
The compliance status of Bharatiya Innovation is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
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